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ActiveFor sale

550 S Australian Avenue, West Palm Beach FL 33401, West Palm Beach

$12,750,000

West Palm Beach, FL, 33401

550 S Australian Avenue, West Palm Beach FL 33401 — photo 1
550 S Australian Avenue, West Palm Beach FL 33401 — photo 2550 S Australian Avenue, West Palm Beach FL 33401 — photo 3550 S Australian Avenue, West Palm Beach FL 33401 — photo 4550 S Australian Avenue, West Palm Beach FL 33401 — photo 5550 S Australian Avenue, West Palm Beach FL 33401 — photo 6550 S Australian Avenue, West Palm Beach FL 33401 — photo 7550 S Australian Avenue, West Palm Beach FL 33401 — photo 8550 S Australian Avenue, West Palm Beach FL 33401 — photo 9550 S Australian Avenue, West Palm Beach FL 33401 — photo 10550 S Australian Avenue, West Palm Beach FL 33401 — photo 11550 S Australian Avenue, West Palm Beach FL 33401 — photo 12

Property details

Bedrooms
5
Bathrooms
7.5
Living area
4,752 sqft
Year built
2028
Type
Condominium
Association fee
$5,093 / monthly
Days on market
119
MLS #
B26007094

Listing courtesy of Douglas Elliman · 561-655-8600. Listing agent: Jessica Julian. MLS data last updated 2026-07-23.

Description

Introducing a lower penthouse residence at The Berkeley, envisioned by the developer of The Bristol and designed by Arquitectonica. This expansive flow-through home offers both east and west exposures, with floor-to-ceiling glass and soaring ceilings that fill the interiors with natural light throughout the day. Generous living spaces extend seamlessly onto oversized terraces—among the largest in West Palm Beach—creating a true indoor-outdoor lifestyle with sunrise-to-sunset views. The residence features Snaidero Italian cabinetry, Sub-Zero and Wolf appliances, and a versatile flex space ideal for a home office, library, or guest suite. Residents enjoy a curated collection of amenities, including a rooftop sky lounge with panoramic views, private on-demand car service, full-service concierge, valet, and a comprehensive wellness offering with spa and in-residence care by UPLIN Health. Ideally positioned along Clear Lake, The Berkeley offers exceptional connectivity to downtown West Palm Beach, cultural destinations, and major transit routes—while maintaining a private and peaceful residential setting. All images and visual materials associated with this property, including AI generated images, virtually staged photos, edited images, artist conceptual renderings, maps, site plans, floor plans, and other graphics, are provided solely for illustrative purposes. These representations may not accurately reflect current conditions and are subject to change without notice. No representations or warranties are made regarding the accuracy or completeness of these visual materials. Buyers should not rely solely on these materials and are responsible for independently verifying all property details.

550 S Australian Avenue, West Palm Beach FL 33401, West Palm Beachfor sale, listed for $12,750,000 (5 bed, 7.5 bath, 4,752 sqft).

$2,683/sqft · 93% percentile · based on 148 5+ bed listings for sale in west palm beach (median $620/sqft).

Local market report

Price per square foot

This listing is priced at $2,683 per square foot, which is the 93% percentile among 148 active 5+ bed listings for sale in west palm beach (median $620/sqft).

n=148 · 2026-07-29 · Methodology

Availability in The Berkeley

12 listings are currently active in this building across 10 distinct units (5 × 2-bed, 6 × 3-bed, 1 × 5+ bed).

n=12 · 2026-07-29 · Methodology

Market trend (our weekly archive)

Our weekly snapshot archive tracks the median for 5+ bed listings for sale in west palm beach: $620/sqft in 2026-W30 to $619/sqft in 2026-W31.

This history is computed from our own recorded market snapshots, not backfilled estimates.

n=147 · 2026-07-29 · Methodology

Priced like this listing

The 4 active listings closest in price within the same market segment:

Run the numbers

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n=140 · 2026-07-29 · Methodology

Asking price vs segment median

$12,750,000 asks 473.2% above the $2,224,500 median across 148 5+ bed listings for sale in West Palm Beach.

n=148 · 2026-07-29 · Methodology

Competition for this listing

Right now: 148 active 5+ bed listings for sale in west palm beach, median asking price $2,224,500, median $620/sqft.

n=148 · 2026-07-29 · Methodology

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.